Zurich--SMI rises 0.96% higher to 8240.07. UBS (UBSN.VX), the
country's biggest bank by assets, is the top gainer thanks to a
1.63% rise. Rival Credit Suisse (CSGN.VX) rises 1.46%, while Julius
Baer (BAER.VX) rises 0.85%. Watch maker Swatch Group (UHR.VX) rises
1.36%, while food giant Nestle (NESN.VX) rises 0.86%. Insurers also
see gains, with reinsurance giant Swiss Re (SREN.VX) up 0.56%, and
Zurich Insurance (ZURN.VX) up 0.38%. Pharmaceutical firm Actelion
(ATLN.VX) is the sole decliner in the index, dropping 0.17% by the
close in the wake of news that its drug for people with high blood
pressure showed poor results in a study.
Write to Zurich bureau at zurichdjnews@dowjones.com)
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